4004 McLaughlin DrTallahasseeFL32309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Tallahassee at 4004 McLaughlin Dr, Tallahassee, FL, 32309 generates $3,840/mo in rent, after a $4,111/mo payment. Total monthly income is $3,840/mo. Return on cash invested sits at 12.45% in year one, and rental yield is 5.49% on a $840,000 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation builds toward $232,077 over five years. Five-year ROI reaches 63.43% and total cumulative return in cash sums $175,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.88 Acres lot
$N/A/sqft
$225 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: H. Trey Hough • Armor Realty, Inc
Mls Name: TBR
Mls Provider:
Mls ID: #388401
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.